Index Fund Advisors Inc. Raises Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Index Fund Advisors Inc. lifted its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 4.1% during the fourth quarter, Holdings Channel reports. The fund owned 2,989 shares of the company’s stock after acquiring an additional 118 shares during the period. Index Fund Advisors Inc.’s holdings in Avantis U.S. Equity ETF were worth $290,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Global Trust Asset Management LLC grew its stake in Avantis U.S. Equity ETF by 71.4% during the 3rd quarter. Global Trust Asset Management LLC now owns 480 shares of the company’s stock worth $46,000 after purchasing an additional 200 shares in the last quarter. Global Wealth Strategies & Associates purchased a new position in shares of Avantis U.S. Equity ETF in the 4th quarter valued at about $97,000. Fortitude Family Office LLC acquired a new position in shares of Avantis U.S. Equity ETF during the third quarter worth about $95,000. Empower Advisory Group LLC purchased a new stake in shares of Avantis U.S. Equity ETF during the third quarter worth approximately $202,000. Finally, Clarity Asset Management Inc. raised its holdings in Avantis U.S. Equity ETF by 10.1% in the third quarter. Clarity Asset Management Inc. now owns 2,149 shares of the company’s stock valued at $204,000 after acquiring an additional 197 shares in the last quarter.

Avantis U.S. Equity ETF Stock Up 0.5 %

Shares of Avantis U.S. Equity ETF stock opened at $100.44 on Tuesday. Avantis U.S. Equity ETF has a 52-week low of $82.74 and a 52-week high of $102.23. The company has a market capitalization of $7.24 billion, a P/E ratio of 17.22 and a beta of 1.00. The company has a 50 day moving average of $99.42 and a 200 day moving average of $96.28.

Avantis U.S. Equity ETF Company Profile

The Avantis U.S. Equity ETF (AVUS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively managed portfolio of US equities of all market capitalizations, with a bias toward smaller, more profitable or value companies. AVUS was launched on Sep 24, 2019 and is managed by American Century Investments.